HongKong’sBiomedicalTechnologyEcosystem% · HKSTP Corporate Venture Funds is Raised Fund(I...
Transcript of HongKong’sBiomedicalTechnologyEcosystem% · HKSTP Corporate Venture Funds is Raised Fund(I...
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Hong Kong’s Biomedical Technology Ecosystem
George Tee Chief Technology Officer Hong Kong Science and Technology Parks Corpora<on
January 2019
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Hong Kong Science Park: Innova<on, Technology, Entrepreneurship
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Hong Kong Science Park: Innova<on, Technology, Entrepreneurship
330,000 m2 R&D Office Space
Officially opened in 2002
700 Tech Enterprises
11,000 working popula<on
Leading Technology Incubator in town with
240
start-‐ups in programmes
22 Na<onali<es of Park Companies
Hong Kong’s I&T hub together
with InnoCentre and Industrial Estates
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Sha7n Kowloon Tong Taipo Yuen Long
Tseung Kwan O
Science Park Research & Development
Industrial Estates
Manufacturing
InnoCentre Design & Fintech
*Updated in December 2018
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Innova<on as the Backbone – Key Technology Focus
Healthcare Technologies
Smart Ci<es
FinTech
Ar<ficial Intelligence &
Robo<cs
HKSTP’s Technology Clusters Technology Focus Areas
Biomedical Technology
Material & Precision
Engineering
Green Technology
Informa<on & Communica<on Technology (ICT)
Electronics
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HKSTP Key Achievements – 17 Years, and 2018
*Updated in September 2018
1st Unicorn
Successfully built partnerships with 60 corpora<ons: Airport Authority, CLP, Maxim’s, Ocean Park, New World, HKT, Hutchison, HKJC, MTR
Companies expanded into China, regional and globally, with HKSTP’s support
Investment Raised…FY17/18
Fund raised for all Park companies $153 M USD 6X Fund raised for incubatees and graduates in
17/18 compared to 16/17
577 Graduated from Incuba<on Programmes since incep<on 440 S<ll in
Business 4 Completed IPOs
Incuba<on – Incu-‐App, Incu-‐Tech, Incu-‐Bio…so far
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ITF
Partner Companies
Universities
Private Equity / Venture Capital
Strategic Corporate Partners
Research Institutes
Government & Industry Associa=ons
Business matching
Sponsored accelera=on programs
Funding / Investment
Talent Technologies Transfer
Sharing Facili=es
Standards, advocacy & influence in regula=ons and adop=on
HKSTP – a plaHorm for Innova=on & Technology Ecosystem
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Biomedical Technology Cluster @HKSTP
Ø 110+ Partner Companies and Incubatees Ø 1,000+ researchers from 12 countries
Others
Diagnos7cs
Medical Devices
Pharmaceu7cs
Stem Cell & Regenera7ve Medicine
Tradi7onal Chinese Medicine
Sub-‐cluster Distribu7on (Partner Companies)
Partner Companies
and Incubatees
Diagnos7cs Medical Devices
Pharmaceu7cs
Tradi7onal Chinese Medicine Stem Cell & Regenera7ve Medicine
Others
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《2018/2019 Government Budget》 Focus on Innova7on & Technology
Bio Tech A.I. & Robo7cs
Smart City Fintech
USD 6.4 Billion
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《2018/2019 Government Budget》 Focus on Innova7on & Technology
First phase of the HK-‐SZ Innova7on and Technology Park in the Lok Ma Chau Loop
§ CyberPort § Technology Talent Scheme
§ Postdoctoral Hub
§ Healthcare Technologies
§ A.I. & Robo=cs
• Research-‐related Infrastructure and Facili<es
• Strengthened support measures for Park companies
§ Innova=on and Technology Fund (ITF)
2.55B HK SZ
I&T Park
1.28B ITF
63.9M Talents
1.28B Science
Park
1.28B Two
Research Clusters
38.3M CyberPort
USD 6.4+ Billion
Bio Tech A.I. & Robo7cs
Smart City Fintech
Figures in USD
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Future Development – USD 1.28B Funding
Item
Es7mated Cost (USD$ million)
1 Expansion of Incuba=on Programmes 307
2 Support for Tenants 383
3 Accommoda=on Support 12
4 Expansion of CVF 64
5 Smart Campus 38
6 Ancillary Facili=es 69
7 Provision of lab spaces for healthcare and AI and robo=cs technologies researches
59
8 Facili=es for healthcare, AI and robo=cs technologies researches
345
TOTAL: 1277
Three Focus Areas:
• Strengthen support for local and overseas start-‐ups and technology companies and a`ract them to join the ecosystem
• Provide a full range of value-‐added services, including fund raising and go-‐to-‐market support, etc.
• Enhance and set up exis=ng and new research and development facili=es to meet market and industry needs
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• 4-‐year program • All rounded support • USD 510K + 255K subsidy Professional
Coaching
Fund-‐raising & Financial support
Shared Equipment & Facili=es
Talents
Objec7ves
• Growth : Offering 1-‐stop biomedical technology focused services to startups
• Commercializa7on: Assis=ng transla=on of research, tapping into the Asian/Chinese market
• Financial Sustainability : Providing capital (subsidy, investment) to support startups through the “Valley of Death”
Professional Services
Regulatory Support
Incu-Bio Program
BMT Ecosystem / Industry
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Talent Acquisi<on Support
Max. monthly allowance: ~USD $2,400
Max. monthly allowance: ~USD $4,000
Bachelor / Master degree from local university
Doctoral degree from local university or well-‐recognised non-‐local
ins7tu7on
Internship Programme
Postdoctoral Hub
• Postdoctoral Hub Programme (PH-‐SPC) under Technology Talent Scheme (NEW)
• Internship Programme (IP-‐SPC) • Technology Talent Admission Scheme
(TechTAS)
HKSP Incubatees and Partner Companies
Max. 2 interns + 2 postdocs at any
one 7me (Max. 24 mnths)
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Deal Flows Transaction Support Over 600 Companies
Tenants Global Acceleration Academy
LEAP Universities
Research Institute Co-working Spaces
Multi-Channel Fundraising
HKSTP network HKBAN VIAHK
天使匯中國⻘青年天使會
Roadshow, Matching, Events, Community
Comprehensive Advisory
HKSTP Investment Team Professional Clinic
Lawyers, CPAs, IP Specialists Marketing Consultants etc.
Training, Coaching, Consulting
HKSTP Investment Service Platform
Investment Raised…FY17/18 USD 153m
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USD 86.0m USD 6.4m is Committed by CVF
:
HKSTP Corporate Venture Funds
is Raised
Fund I
Fund II USD 25.0m Additional fund to invest into startups in HKSTP
A co-investment fund focusing on Seed to Series A investment in HKSTP companies
Biomedical Technology (BMT)
Information & Communication
Technology (ICT) Electronics
Material & Precision Engineering
Green Technology
1 13.4
Others USD 40+m Other investment modes to support the ecosystem
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Labs and Services Support Biomedical Technology Support Centre (BSC)
• Area: 8,900 sq.i. • Nature: co-‐working space • 23 offices ranging from 100-‐150 sq.i. • 20 floa=ng desks • Product prototype tes=ng room (~800 sq.i.) • 15 companies moved in (70-‐80% occupancy rate)
Healthcare Devices Innova7on Hub (HDIH)
• Area: 8,700 sq.i. • Nature: communal lab • 80+ pieces of ready-‐to-‐use life science instruments for shared
R&D use • Culture Room, Freeze Dryer Room, Mass Spectrometry Lab,
Microscope Room, Genomics Lab, Proteomics Lab, Bioanalysis Lab, Microbiology Lab …
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Translational Research Facilities
GLP Biosamples repository Support biomarker discovery and efficacy analyses
Secured and centralized Data plaHorm for R&D Data management, analy=cs, sharing
GMP Facility for drug materials (Biologics & Cell processing) Provide GMP drug quality assessment for every stage of clinical trials Device standard cer=fica=on facility
Bench Transla'onal Research Bedside
Biobank Biomedical Informa7cs Drug Safety Center Pilot Batch /
Device Tes7ng
GLP Drug Safety Center for drug efficacy Provide GLP in vitro and in vivo drug safety and toxicology assessment
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Medical database and informa7on exchange
Globally recognized clinical trial centers
Unique pa7ent profiles and pathologies
Capitalize These Advantages in Biomedical Technology in Hong Kong
Pre-‐revenue IPO for Biotech chapter
• Incubators
Golden Opportunity for:
• Investors
• Industry Partners
• Startups/Companies
• Ins'tutes
• Talents
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Thank you